753km pipeline from Trieste to Bavaria,55mln investment per year

(ANSA) - INGOLSTADT (GERMANY) - The trans-alpine Siot Pipeline
(Tal Group), which is 753km long, from Trieste to the heart of
Europe, Bavaria, celebrates its 50 years, aiming to set new
records.
''Last year we carried a record high amount of oil, that is
41.4mn, equivalent to 100% of Bavaria and Baden-Wuerttemberg
requirements, 90% of Austria and 50% of the Czech Republic.
In 2017, we are planning to overcome the 41mn threshold and set
new records'', said Alessio Tilli, president of Tal Group, at
the 50th anniversary ceremony in Ingolsttadt (Germany), in the
presence of the Prime Minister of Bavaria, Horst Seehofer, the
President of Friuli Venezia Giulia Region, Debora Serracchiani,
and Italian Ambassador to Germany Pietro Benassi.
''We have over 5,000 working hours per day, and we did not have
any accident or loss of product and this result in terms of
security is very satisfactory'', added Tilli, pointing out that
the group dedicates each year more than 55mn euros to
investments and maintenance of plants in Italy, Austria and
Germany.
The Tal Group (a cross-border consortium owned by some of the
world's leading oil companies: OMV, Shell, Eni, BP, Rosneft,
ExxonMobil, C-Blue Limited, MERO, Phillips 66 / Jet Tankstellen
and Total), in 2016 has totalled a 140mn euro turnover and a 7
million net profit, 218 employees.. In the last 50 years it has
delivered 1.4bn tons of crude oil, equal to the EU's 5-year oil
consumption or Italy's 20-year consumption.
The Tal - emphasized Lilli - is ''the tangible fulfillment of
the idea of Europe. The pipeline is an infrastructure that has
allowed some countries that have been hit with a terrible war,
to come together under the aegis of Europe not only in terms of
economic growth, but also of social and moral improvement. Tal
Group - Lilli added - is today a European company made up of ten
shareholders from nine countries, from Russia to the United
States''. ''Today - said the Italian ambassador to Germany,
Pietro Benassi - we celebrate an Italian, German and European
recurrence. We are facing big challenges - he continued - Italy
and Germany, along with France, can give great impetus to
European integration''.
''The Port of Trieste - said Zeno D'Agostino, Chairman of the
Northern Adriatic System Port Authority, attending a round table
along with Lilli, Michael Bucker, member of the Board of
management at Bayern LB, and Ferdinand Neuwieser, Managing
Director of TUeV SUeD Industrie - is now working for Austria,
Germany, Hungary, the Czech Republic, Slovakia, but also the UK
and Scandinavia. We have recorded a big growth in recent years,
from 4,500 trains in 2014 to 9,000 in 2017''. (ANSA).